Almost two thirds of Britons surveyed (62%) that had received recent financial advice said they had detailed knowledge of Pension Freedoms, compared to a third (33%) of over-55s that had never received financial advice.
Questions about early retirement top the list of retirement planning advice requirements when pension savers see their financial adviser, according to a new survey.
Standard Life Wrap, the adviser platform, is to to cut some SIPP charges in a move to simplify and reduce charges overall for using its platform.
Some 17% of financial advisers have changed their preferred platform in the last 12 months as dissatisfaction with service levels grows.
The Treasury says that a further 26 companies have signed up to the Women in Finance Charter, including Old Mutual Wealth, Allianz, the Bank of England, Deloitte and Tesco Bank - increasing the number of employees covered by the Charter to over 600,000.
SSAS provider Rowanmoor has been reappointed by Standard Life to provide administration for its small self-administered scheme (SSAS) portfolio for a 10-year term effective from 1 October.
Standard Life has called for the partial transfer option to be a mandatory part of DB transfer advice.
A former Hornbuckle and Standard Life Sipp consultant has been handed a role by Yorsipp to oversee its business in Northern Ireland and Scotland as both countries show a strong demand for Sipps.
Standard Life has detailed plans to introduce “greater automation” to its Sipp drawdown process.
Standard Life is urging the Government to introduce an incentive-led pensions regime rather than one based on the current system of tax relief.
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